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J.S. Holmes Fine Violins offers several types of appraisals for your instruments and bows.
The most common type of appraisal requested by clients, an insurance appraisal evaluates the replacement value (cost to replace the item on the retail market within a reasonable amount of time) of an instrument or bow.
Fair market appraisal:
This type of appraisal is used to establish the value of an item for resale or estate purposes. The fair market value is the price that property would sell for on the open market, i.e., a price that would be agreed on between a willing buyer and willing seller.
Charitable donation appraisal:
This is similar to a fair market value appraisal, but with additional information. This type of document is used when donating property to a qualified organization.
To determine a general value for an instrument or bow, a verbal appraisal is a more affordable option if a written document is not required.
Certificate of origin:
A certificate presents an expert opinion of authorship and/or origin with photographs attached. No value is stated on this type of document, but a certificate is usually accompanied by an insurance appraisal.